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Topic: [ANN] SKYDOGENET - A Peer-to-Peer Advanced Wowfare System - DRIVECHAIN (Read 4409 times)

newbie
Activity: 74
Merit: 0
newbie
Activity: 74
Merit: 0
You can now test our upcoming sidechain Ethside an EVM Ethereum sidechain using Blind Merged Mining on Bitcoin based software using Drivechain aka Bip300 Technology!

Visit https://skydoge.net for more information!
newbie
Activity: 28
Merit: 0
Much power-drive 😾
newbie
Activity: 74
Merit: 0
The Official SKYDOGENET pool has now a much special promotion!

Fees are now 0%!


https://pool.skydoge.net/

PPLNT - NO FEES 0%
High performance Node.js backend

newbie
Activity: 74
Merit: 0
Skydoge Network is working on bringing Bitcoin and Ethereum technologies together. A layer 1 based on Bitcoin + Drivechain and an EVM on layer 2 secured with Blind Merged Mining (BMM) via layer 1 POW. The best of both worlds! We are currently testing everything on testnet and it is avaiable for everyone to test!
newbie
Activity: 1
Merit: 0
I can't wait for the next development on this drivechain, Go SKYDOGE! GO and goodlucks
newbie
Activity: 74
Merit: 0
Just go and work for it,I think this is a great job!
Thank you for your much support!

Stay tuned for our upcoming updates!
newbie
Activity: 1
Merit: 0
Just go and work for it,I think this is a great job!
newbie
Activity: 74
Merit: 0
雷霆侧链有什么作用?如何使用?
https://www.truthcoin.info/blog/thunder/

Will publish a detailed tutorial how to use soon or you can check our discord and or telegram! cheers!
newbie
Activity: 74
Merit: 0
After more than one year of hard work we are ready to announce that Skydoge is the first mainnet Drivechain BIP300 and BIP301 ready!

The miners have deployed the first sidechain Thunder and the genesis block has been mined!

Thank you to everyone who supported Skydoge since the beginning!

The best is yet to come!
newbie
Activity: 74
Merit: 0
I think rebranding is necessary for this project.  We need to remove doge from name.  It sounds like just a meme coin which is completely different than what the project is.

The name is not going to change.

There is many reasons why this name was chosen...

If you do a little bit of research you might understand why...
newbie
Activity: 161
Merit: 0
I think rebranding is necessary for this project.  We need to remove doge from name.  It sounds like just a meme coin which is completely different than what the project is.
newbie
Activity: 1
Merit: 0
Great and exciting project! Let's join guys!!!
newbie
Activity: 1
Merit: 0
One day,Skydoge will become the king of POW
newbie
Activity: 1
Merit: 0
SKYDOGENET: A Peer-to-Peer Advanced Wowfare System

The protocol is based on the Bitcoin code for the consensus layer. It use Drivechain for the second layer which consists of Bitcoin improvement proposal 300 and 301. This enable hashrate escrows and blind merged mining. Those innovations allows the creation of sidechains on the second layer that are activated by miners. The withdrawals from the sidechains to the mainchain are also
approved by them. The second layer improve the network capabilities, enabling innovations like BitDNS and contribute to the generalization of the network usages. Using multiple big blocks
sidechains, SKYDOGENET can scale transactions per seconds for a global adoption. This enable a true Peer-to-Peer cash system while keeping it's scarcity. All those advancements increase the security budget of the network and the revenue of mining operations. The mainchain blocks size is reduced in order to achieve more decentralization of the consensus layer. This design allows the ossification of the protocol while letting innovations flourish on the sidechains.

The project is the first mainnet implenting P2P sidechains using Drivechain technology. This allows SKYDOGENET to create, delete, send BTC to, and receive BTC from “Layer-2”s called “sidechains”. Sidechains are Altcoins that lack a native “coin” – instead, pre-existing coins [from a different blockchain] must first be sent over. Once on a sidechain, coins can change hands an unlimited number of times, and in an unlimited number of new ways. Thus, SKYDOGE-owners can opt-in to new features or tradeoffs. Meanwhile, the users who don’t opt-in, never need to care what any sidechain is doing. Transfers from sidechain back to the mainchain (ie, from Layer 2 back to Layer 1) are not done via verifiable proof, but instead via conjecture-and-refutation. A “bundle” of transfers is asserted, and then slowly “ACKed” over time. After 3 months of ACKing, the bundle succeeds. Thus, the mainchain coins versus the sidechain coins market price cannot deviate significantly from a 1:1 ratio.

In Bip300, transactions are not signed via cryptographic key. Instead, they are "signed"by hashpower, over time. Like a big multisig, 13150-of-26300, where each block is a new "signature". Bip300 emphasizes slow, transparent, auditable transactions which are easy for honest users to get right and very hard for dishonest users to abuse. The chief design goal for Bip300 is partitioning -- users may safely ignore Bip300 txns if they want to (or Bip300 entirely).

Blind Merged Mining (BMM) allows miners to mine a Sidechain/Altcoin, without running its node software (ie, without "looking"at it, hence "blind"). Instead, a separate sidechain user runs their node and constructs the block, paying himself the transaction fees. He then uses an equivalent amount of money to "buy"the right to find this block, from the conventional layer1 Sha256d miners.


website:https://skydoge.net/
Medium: https://medium.com/skydogenet
X: https://twitter.com/skydoge_net
Telegram:  https://t.me/skydoge_net
Drivechain-website:  https://www.drivechain.info/
sr. member
Activity: 1020
Merit: 391


https://bitcointalksearch.org/topic/skydoge-mining-5457226

Track the mining session and help strengthen the segment and
"ANN"
newbie
Activity: 3
Merit: 0
Sidechain-enabled mining pools have been released, sidechain-enabled wallets are about to be released, TOP20 exchanges are about to be logged in, and in the face of skydoge, which has a market capitalization of only 1M, what are you waiting for?
sr. member
Activity: 1020
Merit: 391
This is the welfare blockchain for idealist folk normally in the septuagenarian domain, with arthritis and bad heart. Who knows how it can benefit them. I could just say right from the top of my head, maybe kind of human mining routine if integrated with the blockchain aspects of crypto can make sense. I mainly was dragged in to here because of the sidechain integration perspective outlined on the first page. But I doubt it is real.

It is in development and if it's finished, you know what that means, right? Providing a bridge between worlds in crypto is something that will not only revolutionize but integrate the purpose of each project.

Doubts always appear, what we have left is to follow closely...

Above I made a post of the article I wrote, take a look. In it I make some reflections and possibilities for using Drivechain.

member
Activity: 180
Merit: 20
This is the welfare blockchain for idealist folk normally in the septuagenarian domain, with arthritis and bad heart. Who knows how it can benefit them. I could just say right from the top of my head, maybe kind of human mining routine if integrated with the blockchain aspects of crypto can make sense. I mainly was dragged in to here because of the sidechain integration perspective outlined on the first page. But I doubt it is real.
newbie
Activity: 74
Merit: 0
Garbage cheater project,

100% agree.
The founder says it's a great technology...what...it's useless...why does someone need to do a clone of an altcoin..no use case absolutely
10B premined coins, out of 30B in circulation after a year. All what the devs says is that the moon soon. Garbage.

Hello, thank you for your interest!

Our technology is great indeed. You can learn more about it at https://skydoge.net/  and https://www.drivechain.info/

Regarding the tokenomics you clearly got the wrong information. You can learn more about it here https://medium.com/skydogenet/skydogenet-tokenomics-7fc17b22cb45

Here is a quote from the inventor of Proof-of-Work!

"DRIVECHAIN ... ARGUABLY COULD HAVE BEEN MORE IMPORTANT OR USEFUL THAN TAPROOT."
- Adam Back, Baltic Honeybadger 2022

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